With the well documented issues in commercial flying more and more people have found reasons to turn to private aircraft.
There are a variety of options to consider. The starting point is how often you want to fly privately.
Once you reach about 50 hours of flying a year then fractional aircraft ownership can start to make sense and above 300 or so hours per year whole ownership is worth looking into. Here is some core information to help you understand the options.
All of the major providers have expanded over the last few years. Many now offer a wide range of products and solutions to meet the needs of various clients. If you're looking at the different options and would like a good general overview then download our free Guide to Private Aviation, which includes details on charter, jet cards and fractional ownership. For detailed side by side comparisons of the leading jet card and fractional providers, a directory of charter operators, and our Aircraft Buying Guide then sign up for membership.
The latest news and research on private jets and aircraft is included below.
SherpaReport recently spoke to the founder and CEO of Vista Global, Thomas Flohr. It’s been a busy year for Vista Global. The company was founded just last year as an enhancement to VistaJet, the global aviation company, that Flohr started in 2004. The aim was to become the worldwide leading provider in business flight solutions. Over the course of the last 12 months the company has already acquired XOJet and more recently Jet Smarter, and has just combined them into XO.
Air Partner jet card holders have always been able to use their US card balance for flights in Europe, and European card holders can use their cards in the North America. But for flights between the two, they had to pay variable charter rates. Air Partner now offers the first fixed price transatlantic jet card.
Massachusetts-based Magellan Jets has recently restructured their membership program to launch a new jet card. Named Elevate, the program is designed with complete flexibility and customer satisfaction in mind. And to prove their goal of pleasing customers, Magellan is offering a 30-day satisfaction guarantee. If the program doesn’t suit you, you can receive a refund of all remaining funds within 30 days of your first flight.
Wheels Up has been adding lots of features to its membership programs over the last few months. To supplement the overall programs it just acquired TMC, the largest wholesale-focused light jet operator in the U.S. TMC operates an owned and leased fleet of Hawker 400XP aircraft in North America.
The latest data from the General Aviation Manufacturers Association (GAMA) shows unit business jet deliveries increased last year. The annual databook reported 703 new business jets sold worldwide in 2018 compared to (a slightly revised) 677 unit sales in 2017. The increase was helped by several recent model introductions. Here are some of the highlights and the sales by manufacturer.
Frequent flyers based in Europe can own a share in a Pilatus PC-12 through Jetfly’s fractional ownership program. This article offers an overview of the program’s benefits and features, as well as some background about Jetfly.
The National Business Aviation Association (NBAA) conducted research last year to find “How companies use their private planes.” The findings of the survey are based on interviews with both business aircraft pilots and passengers. The results provide insights into business aviation, including the types of aircraft owned and the reasons for which the aircraft are used.
Two people had recently asked me about buying a private jet. Neither of them had owned one before but they had both been given a similar pitch. In each case, the broad offer was: buy a plane, take 100% depreciation, charter it out and have 30-40 hours of free use. So, here’s a look at how viable this concept is.
Private aviation company Wheels Up recently announced that it has launched a new membership tier, Wheels Up Connect. Company founder and CEO, Kenny Dichter, has called it a form of “social aviation”. He compares its potential in the aviation market to the influence of Uber and AirBnB in their respective industries. The membership tier joins existing Core and Business Programs.
Private aviation company VistaJet recently celebrated 15 years in the industry with another big announcement: The company saw a record 31% increase in new members in 2018 and said it expects to continue its growth in the coming year.
If you are chartering a private plane for the first time, or even if you have previously chartered, there are several aspects to think through. A lot depends on the number of passengers, and your destination and any special requirements. This article explains the key factors to consider when chartering an aircraft.
Winter weather brings its own set of challenges to air travel. Those flying commercially may be all too familiar with the delays caused by snowstorms or ice on the runway. But for those flying privately, the snow can bring another headache: a financial one. Whether you own, charter, or lease an aircraft, you should be aware of any de-icing costs that may come your way. This article explores the methods of de-icing, when it is needed, and how much it costs.
The Gulfstream G550 is a heavy, long range business jet that received its FAA type certificate in 2003. It is sometimes also known as the GV-SP. Over 550 have been produced, including the Gulfstream G500 which has a lower fuel capacity and reduced range. The G550 replaced the Gulfstream V, and has improved aerodynamics leading to an increased range and fuel efficiency. It is the most successful model in Gulfstream history.
NetJets and Textron made a major announcement at this year’s NBAA Convention and Exhibition (NBAA-BACE). The two companies signed an agreement for options to purchase up to 175 super-midsize Cessna Citation Longitudes and up to 150 large cabin Cessna Citation Hemispheres. NetJets has had nearly 500 Cessna Citations in its fleet since 1984, including the Citation Latitude, Sovereign, Excel/XLS and X.
The global private jet provider VistaJet has a whole department dedicated to dining aboard their aircraft. They recently launched the “Chairmans Menu” which takes the culinary experience to an even higher level. Here’s a look at the food and drink on offer, and how they go about providing it at 40,000 feet.
The choice of providers for aircraft and crew can make or break the reputation of a jet card company. We spoke with four major jet card firms, all of whom use third party aircraft operators, to learn more about how they make their decisions and what criteria are most important.
Elite sports are big business, and getting athletes from tournament to tournament - beyond the glare of cameras, and without the hurry-up-and-wait of commercial airport travel - has become increasingly complex. This is why many teams now choose to charter large aircraft, and turn to experienced brokers and charter firms to transport them from city to city efficiently and comfortably.